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News2024-03-11T09:35:49-04:00

Payment Issues on BVIFars Portal – Alternative Options Available for Bulk Payments

May 28th, 2025|Categories: Notices, Press Release|

The British Virgin Islands International Tax Authority (BVIITA) is informing users of the BVI Financial Account Reporting Systems (BVIFARS) of the

Secondary Users Can Now Make Payments Through the FARS Portal

May 23rd, 2025|

The International Tax Authority is pleased to announce that as part of ongoing efforts to improve user experience and expand accessibility, secondary users are now able to make payments on the BVIFARS portal.Previously, only primary users were authorized to initiate transactions. With this new enhancement, secondary users can now access and complete payment

The BVI Fars Payment Portal Is Now Live!!!

April 8th, 2025|

Exciting news from the International Tax Authority! The BVIFars payment portal is now Live and ready for use. As a reminder, all relevant entities with reporting obligations under FATCA, CRS, and CbCr are required to enrol in the BVIFars portal to fulfill their reporting obligations. Each enrolled entity is required to pay

BVI ITA Issues Warning About Phishing Email

April 2nd, 2025|

BVI ITA Issues Warning About Phishing Email The International Tax Authority (ITA) is aware of a phishing email falsely claiming to be from the ITA and sent via Dropbox DocuSend from the email address reporting@bviita.com labeled BVI ITA Report. We want to assure the public that the ITA has not sent any

Registration For The International Tax Authority (ITA) Virtual Seminar On The Common Reporting Standards (CRS)

November 5th, 2024|

REGISTRATION FOR THE INTERNATIONAL TAX AUTHORITY (ITA) VIRTUAL SEMINAR ON THE COMMON REPORTING STANDARDS (CRS)   The registration link is now available for the International Tax Authority’s virtual seminar focused on reporting requirements under the Common Reporting Standards (CRS).  Responsible persons, service providers, tax advisors, or anyone seeking clarification about the CRS

BVI Financial Account Reporting System

The International Tax Authority has created a web-based portal to provide a secure environment for BVI Financial Institutions to satisfy their obligations under the Agreement between the Government of the British Virgin Islands and the Government of the United States of America to Improve Tax Compliance via the Foreign Account Tax Compliance Act (US FATCA), the Agreement between the Government of the British Virgin Islands and the Government of the United Kingdom to Improve International Tax Compliance (UK CDOT) and the Arrangement under the Common Reporting Standards (CRS).

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Quick Links

BVI and US FATCA – Competent Authority Agreement BVI and UK CDOT – Competent Authority Agreement BVI and Guernsey – Competent Authority Agreement BVI and Isle of Man – Competent Authority Agreement CRS Multilateral Competent Authority Agreement

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